Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Sep 1, 2017)
  • 8-K (Jul 26, 2017)
  • 8-K (Jun 8, 2017)
  • 8-K (May 9, 2017)
  • 8-K (Apr 26, 2017)
  • 8-K (Feb 9, 2017)

 
Other

Regal Entertainment Group 8-K 2008

Documents found in this filing:

  1. 8-K
  2. Ex-99.1
  3. Ex-99.2
  4. Graphic
  5. Graphic

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC  20549

 


 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported): October 23, 2008

 

Regal Entertainment Group

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

001-31315

 

02-0556934

(State or Other Jurisdiction
of Incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

7132 Regal Lane, Knoxville, Tennessee 37918

(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s telephone number, including area code: 865-922-1123

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 2.02   Results of Operations and Financial Condition.

 

On October 23, 2008, Regal Entertainment Group (“Regal”) announced its financial results for its third fiscal quarter ended September 25, 2008.  A copy of the earnings release is furnished to the United States Securities and Exchange Commission (the “Commission”) with this current report on Form 8-K as Exhibit 99.1. The earnings release contains certain non-GAAP financial measures for the periods set forth therein, including adjusted earnings per diluted share and adjusted EBITDA.  Adjusted earnings per diluted share is diluted earnings per share excluding loss on debt extinguishment, net of related tax effects, gain on sale of Fandango interest, net of related tax effects and gain on NCM transaction, net of related tax effects.  The most directly comparable GAAP financial measure to this non-GAAP financial measure is earnings per diluted share, which is set forth in the earnings release and below for the relevant periods set forth in the earnings release.  Adjusted EBITDA is earnings before interest, taxes, depreciation and amortization expense, gain on sale of Fandango interest, net loss (gain) on disposal and impairment of operating assets, share-based compensation expense, joint venture employee compensation, and minority interest and other, net.  The most directly comparable GAAP financial measure to this non-GAAP financial measure is net cash provided by (used in) operating activities, which is set forth in the earnings release and below for the relevant periods set forth in the earnings release.

 

 

 

Quarter Ended

 

 

 

September 25, 2008

 

September 27, 2007

 

Earnings per diluted share

 

$

0.21

 

$

0.36

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

 

September 25, 2008

 

September 27, 2007

 

Net cash provided by (used in) operating activities (in millions)

 

$

(29.4

)

$

30.1

 

 

Reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the earnings release.

 

Regal is also furnishing to the Commission as Exhibit 99.2 to this current report on Form 8-K certain other financial information for its last four completed fiscal quarters, including reconciliations to the most directly comparable GAAP financial measures of the non-GAAP financial measures included therein.

 

Item 8.01   Other Events.

 

On October 23, 2008, Regal’s board of directors declared a cash dividend in the amount of $0.30 per share of Class A and Class B common stock, payable on December 18, 2008 to the Class A and Class B common stockholders of record on December 10, 2008.

 

Item 9.01   Financial Statements and Exhibits.

 

(d)          Exhibits.

 

 

Exhibit No.

 

Exhibit Description

 

99.1

 

Earnings release furnished pursuant to Item 2.02

 

99.2

 

Reconciliations of Non-GAAP Financial Measures furnished pursuant to Item 2.02

 

2



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

REGAL ENTERTAINMENT GROUP

 

 

 

Date: October 23, 2008

 

By:

/s/ Amy E. Miles

 

 

Name: Amy E. Miles

 

 

Title: Chief Financial Officer

 

3



 

EXHIBIT INDEX

 

Exhibit No.

 

Exhibit Description

99.1

 

Earnings release furnished pursuant to Item 2.02

99.2

 

Reconciliations of Non-GAAP Financial Measures furnished pursuant to Item 2.02

 

4


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki